518 Province Rd - Retail FOR SALE


Gilmanton, NH 03237
$475,000 USD
800-335-9022
518 Province Rd, Gilmanton, NH for Sale
$475,000 USD
Retail - FOR SALE
1/84
null | Request Cap Rate

518 Province Rd
Gilmanton, NH 03237


OVERVIEW

Priced more than $20,000 below the assessed value, this turnkey commercial/multifamily property presents an outstanding investment opportunity with immediate income potential. With established leases already in place, you'll benefit from cash flow from day one while building long-term equity. Ideally located in the heart of Gilmanton, directly across from the town offices and local businesses, 518 Province Road offers outstanding visibility, convenience, and strong rental appeal. The property features three separately metered units, creating multiple income streams and added flexibility. The commercial unit is home to a charming country store and features beautiful wood floors, an oversized walk-in refrigerator, and a newly renovated bathroom. The second unit is a spacious two-bedroom, two-level apartment with two bathrooms, an additional bonus room, a private deck, and a beautifully landscaped backyard retreat. This unit is occupied by long-term tenants. The third unit is a one-bedroom, open-concept apartment with a ¾ bath and a private deck and is currently owner-occupied. Both residential units include their own private laundry. Extensive updates have already been completed, including a new roof, updated plumbing, electrical, drywall, and insulation in the commercial space and second-floor apartment. Additional improvements include a new water pump, pressure tank, and hot water heater, along with a newer water filtration system installed in 2024, providing peace of mind and reducing future maintenance costs. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this well-maintained mixed-use property offers strong cash flow, significant recent capital improvements, and excellent long-term investment potential. Proof of funds or lender pre-approval is required prior to scheduling a showing. Call or text Mary Duquette at 603.848.8481.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

VIL V

APN/PARCEL ID

GILM-000127-000000-037000

ASK ABOUT THIS PROPERTY

Mary DuquetteNH Brokerage LLCMore Info
800-335-9022

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Mary DuquetteNH Brokerage LLCMore Info
800-335-9022

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.